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20121220
20121220
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. >>> first, let's get to the news here in new york city. five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> well, president obama has threatened to veto boehner's measure and he said republicans need to drop any personal grudges they might have to do what's best for the country. >> they keep on finding ways to say no as opposed to finding ways to say yes. and i don't know how much of that just has to do with, you know, it is very hard for them to say yes to me. but, you know,
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
in the air. atlanta will have delays. as the system moves east on the weekend, even new york and boston will have delays from this storm. and then we'll talk about the west when we get back with the rest of the weather. it is a messy next couple of days. >> real sloppy. sam, thanks very much. >>> we'll get the latest on that fiscal cliff. down to 12 days before everyone's taxes go up and every government program is cut. and that is a little more likely this morning, with private talks frozen and both sides blaming each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt c
sanchez. tebow obviously not very happy. the "new york daily news" is reporting he is going to ask to be traded. not exactly a ringing endorsement or anything from rex ryan. i mean wow. >> nothing. can we just acknowledge the craziness here? we're talking about a football team that is 6-8 and is not going to go to the playoffs this year for the second consecutive year but the jets are the story and it's because of tim tebow who is this intensely polarizing player who electrified the country as a member of the denver broncos. >> do you think he's asking to be traded? >> i think that's definitely a possibility. i think mark sanchez, who is the other jets quarterback being passed over here, he could also be gone. there's a lot of turmoil. >> why are they not using tebow? there was this gigantic fan fare when he came in and i don't think in terms of playing he was a star, but certainly in terms of what he could bring for the team he was. why is this not the opportunity? they're losing anyway. >> of course. you'd think a team like the jets, which has always been into doing crazy things
, it's a rain maker for new york, philadelphia and washington, but then that moves out by tomorrow afternoon. >> just so i make it home to see mom. >> you'll get there. >> i hope so. thanks, alexandra. >>> two state department officials employees of hillary clinton are testifying right now before the house and senate committees after that blistering report on exactly what went wrong in benghazi, the committee headed by thomas pickering and admiral mike mullen. admiral mullen had this to say. >> while we did not find that any individual u.s. government employee engaged in willful misconduct or knowingly ignored his or her responsibilities, we did conclude that certain state department bureau level senior officials in critical positions of authority and responsibility in washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission. >> a total of four senior state department officials have either resigned or placed on administrative leave in the wake of this report but what about s
to say the scariest thing to me with respect to newtown was when i g-chatted my fellow editor in new york to plot out coverage, and we knew exactly what to do because we had done it three times before. it had gotten so routine and so disturbing to us and i'm worried i'll be writing the same story. >> we can't desensitize ourselves to this, though. >> listen, we're not going to. i've heard about '68 as far as what califano said and how quickly we have to move. this is different. the horrors of martin luther king, the horrors of bobby kennedy, the horrors of all the gun violence through the years, a million americans killed. mark halperin, as horrific as all of those murders have been, nothing has jarred americans like what happened last friday. it just hasn't. americans aren't going to forget this. >> they're not. >> they're not going to forget this, and they're expecting action. you worry, again, if republicans and democrats can't come to an agreement on rounding decisions for ten years, how are they going to address the bigger issues? >> well, we don't really know how the fiscal cliff's
headed to new york and switched their flights and scurrying to the gates to make an earlier flight. united is waiving all the transfer fees if you want to make a change. you are running out of time because this will turn to snow very soon. >> ted, we will check back in with you to see if anything changes. let me bounce back over to you in that weather center. you were talking travel. where do we leave off? >> it is rain now going to change to snow and blowing snow and the airports impacted there and the roads as well. they saw already just about ten inches of snow. it's i reporter said it was very treacherous there. they haven't seen significant snowfall since 2009. that doesn't mean no snow, a significant snow. let's go to lambeau field in green bay. that was lightning associated with that snow. >> is that the thunder snow? >> that was the thunder snow. >> what is that? >> the atmosphere is volatile and you get a lot of lift. lambeau field just went down. they are looking at between 10 and 15 inches of snowfall to green bay. i am going to send it back to you. meteorologists get ex
stronger than ever. >>> here's a look at the weather in some cities around the country. new york, sunny, 46, chicago, 46 degrees. sunny in dallas, 52. mostly sunny, no surprise, in l.a. 66 degrees. >>> let's check your national forecast. alerts stretch from kansas through michigan as major storm brings blizzards, severe thunderstorms and damaging winds. expect thunderstorms in the gulf coast states and cooler temperatures in florida. in t northeast sees rain tonight with a wintry mix in new england. a storm moving ashore in the pacific northwest and november california is creating heavy mountain snow and coastal flash flooding. hmm. that was almost not the word i said there. >>> "cbs moneywatch" on your thursday. a gm buyback and big bargains for last-minute bargain shoppers. save me, ashley. >> was a slippery slope there. good morning to you. it triggered profit taking. tokyo's nikkei dropped 1%, while hong kong's hang seng added a fraction. >>> hope turning to frustration over congress's ability to avoid a fiscal cliff sent a chill down wall street. the dow dropped nearly 99 points while
at public school 22 in staten island, new york. you've probably heard of them before. >> they're great. there are videos on youtube getting tens of millions of views and the latest offering is a moving rendition of the sandy hook elementary school song. take a listen. ♪ as many this school will forever ♪ ♪ andy hook has a history >> that is something. >> hearing those little voices again. seeing scenes like that, seeing how "saturday night live" opened their show this last weekend, there's something nice about being reminded of the innocence of kids in light of what was taken from kids in newtown this week. so nice to see that. well done, kids. we'll be back right after this. ♪ three cheers for the green and the white ♪ ♪ the sandy hook school will forever ♪ ♪ ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with du
to share. yesterday in tribute firefighters from as far away as new york city lined the street outside the catholic church in newtown, forming an honor guard as the hearse carrying daniel's body passed. firemen in full gear and uniforms saluted the little boy, recognizing the young child who hoped to join their ranks one day. another photo shows a man riding in the funeral procession holding a piece of paper out the window with the simple message, thank you all. look at that. well, at the same time, investigators continue pursuing their research, and today are going after a new angle in the search for a motive in this massacre. i mean, they just want to understand so they can prevent other tragedies in the future. experts are asking a yes nettist from the university of connecticut to contribute now to the investigation of the shooter in the hope that lanza's biology can reveal what may have been behind this massacre. dr. michael baden is a world renowned forensic pathologist, the best, and a fox news contributor who has worked so many high profile cases, we can barely name them all, th
the #1 gastroenterologist recommended probiotic. align. >>> good morning, new york. look at that great shot. come over after two strong days of gains, u.s. markets closed lower yesterday. stock futures are down this morning as fiscal cliff talks stall in washington. >> so here's the deal. you can see a delay in getting your tax refund next year unless congress moves on the fiscal cliff soon. this is going to hurt all of us. christine has details. >> we're already there. tax season starts in a couple weeks. you're going to start getting 1099s at the end of january and you have companies -- the government can't change in just one week or two weeks. if you're talking about having to make retro active tax changes, i mean it's really a mess. i want to talk about the amt in particular here. you know, the irs acting director warned congress about a real problem with not passing an amt patch. if the amt patch goes away, every year we patch this amt. amt was meant to make sure that rich people paid a minimum amount of tax now because of the way congress designed it in the infinite black wisdom.
to say good-bye to the principal of sandy hook who is going to be buried in new york privately. and then two brave teachers. lauren gabrielle rousseau and anne marie murphy. you know those funeral processions are becoming a bit of a regular sight through the center of that small town. and new details are emerging about the mother of the young man who caused all of this sorrow. a mother who herself was murdered in her bed. according to her friends, nancy lanza had been on vacation alone at a resort just before this devastating shooting. in the past, she said that if she'd ever been worried about adam lanza, her son, she would not leave him alone. in recent years they say she felt comfortable leaving him alone in the house. let's not forget, he was 20 years old. >>> hearing about the victims and about those children and seeing their pictures, it has such a profound effect on people across the country and around the world. i mean, really, how can't it? if you have felt like reaching out in some way, any way or felt like you just needed to do something for the people of newtown, co
. >> reporter: poppy harlow, cnn, new york. >> what a story. >>> people all over the nation are being asked to observe a moment of silence for the shooting victims tomorrow morning, once again, including on the internet. a silicon valley investor is asking websites across the country to go dark tomorrow morning at 9:30 a.m. eastern. that's exactly one week after that massacre at the elementary school. >>> other news we're following, including a powerful winter storm. it's blasting the midwest where the season's first blizzard is bringing life to a standstill and may be stranding thousands of early holiday travelers. >>> blinding snow, power outages and conditions getting worse. winter has arrived in the midwest. the blizzard is blamed for a 30-car pileup near ft. dodge, iowa. two people are dead. the storm is he cexpected to du another foot of snow in some areas before it is done. it looks like it's wet there. it's going to start snowing at tomorrow point, ted, and there will be a lot of flight cancellations at o'hare that could cause disruptions at other places as well? >> reporter: yes, w
the pageant in over 20 dwlaerz. she describes herself as a nerd and has even performed at new york's carnegie hall. >> the new miss universe might want to avoid partying like a rock star. a new study shows musicians have a higher risk of premature death compared with the rest of the population. researchers at britain's center for public health looked at nearly 1,500 pop rock hip-hop and punk rock performers. they had a 9% death rate over a five-decade period much higher than average. nearly 39% of those deaths were caused by factors related to violence or alcohol or drugs. >> they did not see the concert of 12/12/12 because everybody on that stage, the average age was at least 60-plus, and they showed no signs of slowing down. >>> a few billion of us won't be around this weekend if you believe that friday is dooms day. however however, it turns out there is a loophole in that scenario and holly williams found it for us. >> reporter: many of us have heard of prophecies based on the mayan calendar that the world will end this friday the 21st of december 2012. bu
cooperated fully with law enforcement and will continue to do so. mary snow, cnn, new york. >> we are all asking why after those deaths in newtown. the search for answers. there's one fact that we can't ignore. these kinds of mass shootings happen in the united states more than anything else in the industrialized world. we'll go next to japan. that is where gun violence is almost nonexistent, but first -- ♪ three cheers for the green and white ♪ ♪ the sandy hook school >> these are students from new york ps 22 chorus singing their song to honor the victims there in newtown. their goal, of course, to bring hope and inspiration to families who have been impacted by the shooting. these are fifth graders from staten island. ♪ we'll go ♪ we'll do our best our very best to learn and grow ♪ it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow st
directing new york city traffic. >> brian: the winner of the x factor will be joining us live. if you have to run from the tv, run to the radio. steve, you'll be joining me, right? >> steve: i will. weather alert. serious trouble for millions of americans hoping to travel for the holiday. check out the storm system. it is powerful. moving through the central part of u.s., upper plains. blizzard and winter storm warnings for nebraska and great lakes. deep south tornado sirens blaring. mobile, alabama, roofs have been ripped off, trees topple. a powerful storm moves through there. a warning in effect in mobile, alabama. i'm bill hemmer. welcome to "america's newsroom". martha: why don't we get normal weather. always something extreme. it is causing delays and cancellations. they're trying to get home. going through chicago o'hare's airport the nation's second busiest airport. they're having a tough time. live screen left, you see minneapolis. screen right you see storm damage where it already went through in mobile, alabama. could be a rough couple days out there as the head -- storm heads o
as an example. so let's just understand in this body so that there's no mistake that new york and surrounding areas will get their money because the principle of fema money and probably other disaster money as well is simply this -- at the beginning of a year, you have some money in fema, but you never know what the disasters are going to be throughout the next 12 months. but when a disaster is declared, there is money there to flow, and when that disaster money runs out, as far as i know, it's always been replaced. whether you have an earthquake in california or you have a hurricane in the gulf of mexico or you have drought in the midwest like we have or texas like we have or you have tornadoes like we have in the midwest, and sandy as the most recent example. as far as i know, there has never been any dispute under the laws at that time, and those laws don't change very often. they -- they do get the money out to the people that need it, and then when that fund goes dry, it is replenished by congress. now, unless somebody is seeking money other -- in some way other than other disasters that
Search Results 0 to 16 of about 17

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